Wondering How Harvey Will Affect Texas Autos? Look at Sandy
Vehicle sales are expected to rise later this year in Houston as drivers replace water-logged cars destroyed by Hurricane Harvey, and the impact on the greater New York City region following Superstorm Sandy in 2012 gives an idea of the bump to expect. The month that Sandy hit the tri-state area, vehicle registrations fell by nearly a third from the average during the first nine months of the year, according to credit reporting company Experian Plc. The following month, new car registrations more than doubled from October. There were only three selling days left in the month when Sandy made landfall compared to nearly a week for Harvey, so the implications of the latter storm could be even more extreme.